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June 30, 2007

Stocks can’t muster turnaround

Stocks made a late-day attempt at positive territory Friday, but in the end finished a roller coaster day slightly lower as thin trading and rising oil prices overcrowded earlier economic news.

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Ex-Knight Trading exec charged for skimming scheme

NASD charged the former head of institutional sales at Knight Trading Group Inc. with illegally profiting from millions of dollars worth of fraudulent trades made by his brother, a former top trader at Knight.

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Stocks quietly higher

NEW YORK Stock prices are mostly higher in early trading. The Dow Jones Industrial Average is up 15 points in today's early going. Advancing issues hold a slim lead over decliners on the New York exchange.

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Morningstar Chairman and CEO to Adopt Stock Trading Plan to Diversify Assets

Morningstar, Inc. , a leading provider of independent investment research, today announced that Joe Mansueto, its founder, chairman, and chief executive officer, is establishing a pre-arranged stock trading plan under Rule 10b5-1 of the Securities and Exchange Act of 1934 to sell a small portion of his Morningstar shares on a regular basis.

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